Answer the question based on the following information: For transactions, households and businesses want to hold an amount of money equal to one-half of nominal GDP. The table shows the amounts of...

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Extracted text: Answer the question based on the following information: For transactions, households and businesses want to hold an amount of money equal to one-half of nominal GDP. The table shows the amounts of money they want to hold as an asset at various interest rates. If nominal GDP is $300 and the supply of money is $210, the equilibrium interest rate will be Interest Amount of Money Rate Demanded as an Asset 10% $20 8. 40 6. 60 4 80 100 Multiple Choice 4 percent. 8 percent. 6 percent. 2 percent. 10 percent. < prev="" 29="" of="" 40="" next="">